Surprising Soybean Oil Export Numbers
Export commitments for U.S. soybean oil totaled 776,200 tonnes (1.71 billion pounds), which is 45 percent above the same week last year and the highest level since at least 2024/17 when the United
Related Data & Statistics. For current Oil Crops Outlook monthly tables in Excel spreadsheets, click on the current Oil Crops Outlook report under Reports on the right side of the page. Recommended Data. Oil Crops Yearbook Data provides key data on U.S. and world oilseed acreage, supply, demand, and prices. It includes data on U.S. soybeans
2024 Most competitive price automatic soybean oil
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Market Outlook Soybeans and Oil Crops, April 2024 (summary) U.S. Soybean Product Exports Gain from Lagging Argentine Trade. This month, USDA boosts its forecast of the 2024/20 soybean crush by 20 million bushels to a record 2.125 billion, based on steady soybean meal demand.
Production value of soybeans in the U.S. 2024 | Statista
Production value of soybeans in the U.S. 2000-2024 Global soybean oil production volume 2012/13-2024/20 Soybean meal production worldwide 2013/14-2024/19, by country
Soybean oil has been popular in the United States because it is cheaper than other oils, is readily available, and functions well in most food applications. Soybean oil is considered a low saturated acid oil and is high in polyunsaturated acid content, with a P/S ratio of 4.1.
Soybeans Rise to Eight-Month High on Bets U.S. Output
Soybean futures rose to an eight-month high on speculation that a government report will show reduced production in the U.S., the world’s biggest producer and exporter, amid adverse weather as
5 According to USDA long-term projections to 2023, U.S. soybean production is expected to grow gradually over the next decade (see figure 2).7 The crush demand for high-protein soybean feed by the domestic livestock and poultry sectors, and demand for soybean oil, is expected to increase slightly, offsetting the expectation of almost no growth in exports.
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